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Discover everything you need to know about how to lease a car with bad credit, including whether it's worth it and what alternative options you should consider.
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It’s tough to lease a car with no credit or bad credit, but you do have options.
Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.
As mentioned, a customer can buy out of their lease at any time, avoiding these fees. However, after the first 90 days of our $1,200 purchase example, the lease service cost jumps from $75 to $977.50.
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